• Canada’s wholesale sales decrease 0.1% in August

Market news

20 October 2015

Canada’s wholesale sales decrease 0.1% in August

Statistics Canada released wholesale sales figures on Tuesday. Wholesale sales fell 0.1% in August, missing expectations for a 0.2% gain, after a 0.1% decline in July. July's figure was revised down from a flat reading.

Sales of automobiles and parts were down 1.2% in August.

Sales in the machinery, equipment and supplies subsector declined 2.4% in August, while sales in the food, beverage and tobacco subsector decreased 0.4%.

Inventories climbed by 0.6% in August.

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